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Stock impact report

J.Jill, Inc. Announces First Quarter 2021 Results

J. Jill, Inc. (JILL) 
Last j. jill, inc. earnings: 3/4 06:45 am Check Earnings Report
Company Research Source: Business Wire
Total Net Sales Growth of 42% compared to Q1 FY20 Gross Margin of 68% vs. Q1 FY20 Gross Margin of 55% Gross Margin Expands 220 Basis Points compared to Q1 FY19 QUINCY, Mass.--(BUSINESS WIRE)--J.Jill, Inc. (NYSE:JILL) today announced financial results for the first quarter ended May 1, 2021.Claire Spofford, President and Chief Executive Officer of J.Jill, Inc. stated, “Our first quarter results reflect encouraging progress against initiatives focused on strengthening the operating model and driving healthy margin recovery. Our performance also benefited from the strong rebound in consumer activity this spring particularly as we anniversaried last year’s temporary store closures. For the quarter, we delivered solid topline growth balanced across both the direct and retail channels. In addition, we were pleased with the strong customer response to our spring product helping to drive increased full price selling and strong conversion. These results combined with a continued focus on di Show less Read more
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